Westfield Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
59th7.7% deniedProcesswithdrawn + incomplete share, weight 15%
62nd9.1%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 197 | 170 | 4.1% | 4.5% | — | $70M |
| 2024 | 162 | 135 | 6.2% | 6.8% | — | $67M |
| 2025 | 187 | 155 | 7.0% | 7.7% | — | $76M |
What Westfield Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 36 investment properties.
Why Westfield Bank denies applications
Primary reason reported for each of the 13 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Westfield Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 39 | 30 | 13.9% |
| $100k – $150k | 26 | 23 | 4.2% |
| $150k – $250k | 46 | 39 | 2.5% |
| Over $250k | 41 | 34 | 5.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 24 | 22 | 4.4% |
| 35–44 | 39 | 31 | 8.8% |
| 45–54 | 40 | 31 | 11.4% |
| 55–64 | 29 | 24 | 14.3% |
| 65–74 | 21 | 18 | 5.3% |
Where Westfield Bank lends
4 states and 17 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Ohio | 181 | 149 | 7.2% | — | #252 |
Frequently asked questions
Westfield Bank denied 7.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 59th percentile of small mortgage lenders.
The most common reason Westfield Bank gave in 2025 was "collateral", cited on 46.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 67% of its applications were for home purchases, 11% for refinancing (including cash-out), and 22% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.